I've been under contract on my property since June 25th, and underwriting received all of their info on July 1st.

This is about receiving a loan from your business.

Yet, I received terms 2 weeks ago, and CTC this week.Rate: 8.125%Processing Fee: $995Closing Fee: $1,360Origination Fee: 2.650% Admin Processing Fee: $995Is this bad considering it's a small cash out: ~60k?

Then to support that I received a appraisal supporting that number."

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

Week of 8/11 - 8/17:Accomplishments:- Received PUD approval for 135 SFH site in Leesburg, FL.- Received an offer for one of our new construction homes in Palm Bay, FL.- Completed a 7-minute speech at my local Toastmasters organization. 

This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.

Is it possible for seller agents to lie about receiving multiple offers?

Afternoon, I have a seller that’s open to subject to, but back out because their LO said they wouldn’t receive financing for their second house.

The white body and black trim was/is popular in SoCal...